Davis Polk advised the representatives of the several underwriters in connection with the approximately $2 billion initial public offering of 79,925,000 shares of common stock of Playtika Holding Corp., of which 18,518,500 shares were issued and sold by Playtika and 61,406,500 shares were sold by the selling stockholder. The shares include 10,425,000 shares sold by the selling stockholder pursuant to the full exercise of the underwriters’ option to purchase additional shares. Playtika’s common stock is listed on the Nasdaq Global Select Market under the symbol “PLTK.”
Playtika is one of the world’s leading developers of mobile games creating fun, innovative experiences that entertain and engage users. Playtika has built best-in-class live game operations services and a proprietary technology platform to support its portfolio of games, enabling it to drive strong user engagement and monetization. Playtika is headquartered in Herzliya, Israel.
The Davis Polk corporate team included partner Alan F. Denenberg and associates Donald K. Lang and Joseph G. Marano. Partner Pritesh P. Shah and associate Samantha Lefland provided intellectual property and technology advice. The tax team included counsel Leslie J. Altus and associate Yixuan Long. Partner Adam Kaminsky and associate Melissa Esposito provided executive compensation and benefits advice. Counsel Marcie A. Goldstein provided FINRA advice. Members of the Davis Polk team are based in the Northern California, New York and Washington DC offices.